Chyden Finance: profit from hypocrisy

Hernando de Soto explains the importance of extending capitalist institutions to the poorest of the poor.

Invest accordingly.

Cornell University Psychology professors Justin Kruger and David Dunning wrote in the abstract to their “Unskilled and Unaware of It: How Difficulties in Recognizing One’s Own Incompetence Lead to Inflated Self-Assessments” (1999, Journal of Personality and Social Psychology 77 (6), pp. 1121-1134):
People tend to hold overly favorable views of their abilities in many social and [...]

Lately, my focus has been significantly less on LMF Theory than in the past and almost exclusively on the more uplifting prospect of fostering international development through business education, specifically finance.
Of course, one way that individuals can prosper is to short-sell stupidity, ignorance, and lies, but that is not the only route that one can [...]

The Afghanistan Economic and Legal Studies Organization (AELSO) is a nascent public policy research institute that advocates free markets, rule of law, and gender equality in Afghanistan.
AELSO was established — following visits in 2009 by Dr. Tom G. Palmer of Atlas Economic Research Foundation — by a group of university professors, students, and businessmen led [...]

“If a bridge collapses, you don’t focus your attention on the last truck that crossed it.”
Invest accordingly.
CWE

A friend recently asked me for a letter of recommendation to accompany his application to enter a PhD program in Economics that has an emphasis on the Austrian School. He and I have known each other for more than a decade and we have worked together in academic and non-academic settings. He has [...]

Following up on yesterday’s post, CNN pipes in with a related topic. Apparently, liberalism, atheism, and male monogamy are statistically correlated with higher IQs.
George Washington University leadership professor James Bailey speculates that abnormal preferences might originate with a desire to convey superiority or elitism, which correlates with high IQ. He claims that embracing [...]

Temple Grandin made a very interesting TED presentation on different ways of thinking, and how schools are failing children who do not fit the norm.

“Keep the company of those who seek the truth, and run from those who have found it.” —Vaclav Havel
When we compress complex issues into one-dimensional spectra — left vs right, religious vs atheist, conservative vs liberal, etc. — we end up talking at cross-purposes, often with ourselves.
Part of the problem is the habit of thought [...]